Archive for the ‘Business’ Category

Accounts payable audit are necessary for any business which suspects it may be at risk of making duplicate payments, invoice payment mistakes or other financial hiccups – which can have a far-reaching and long-lasting effect on a company with a complicated accounts payable department. If a business is paying many different contractors and service providers, […]

Bacs is a not-for-profit member organisation which has been an essential part of automated payments and electronic transfers in the UK, US and Europe for decades. An industry body owned by 16 prominent banks and building societies, it uses Direct Debit and Bacs Direct Credit to carry out transactions, and is the hidden spine of […]

Since bacs came onto the scene in the late 1960s, it has grown in popularity until now, some 44 years later, when it is used by the majority of organisations in the UK. Bankers automated clearing services allows financial transactions to be processed electronically, meaning that cash and cheques are no longer necessary for the […]

It doesn’t matter what kind or what size of business you are in, it is inevitable that it has in common with all businesses the need to make and receive payments. Indeed, the very definition of the word business infers the practice of buying or selling goods or services. The most commercially successful businesses tend […]

As websites and the internet have hastened the speed of communication, it seems that the ability to be in several places at once without leaving your office will be the key to succeeding in business. Video conferencing allows us to do precisely that. audio visual conferencing is an excellent driver for productivity, allowing us to […]

Any accounts manager will recognise that things don’t always add up as neatly as they should. It ought to be simple in principle: incomings, outgoings, profit, loss – the columns should balance. When they don’t, you can be nearly certain of the reason why: human error. duplicate payments are easy to make when people are […]

A rugged PC is basically a computer that is made to work in challenging environments – i.e., environments that provide unsteady conditions, extreme temperatures or other problems not encountered in everyday computer operating environments. Within this remit, there is a range of various specifications, and these can be designed, of course, to equip the PC […]

As contracting has really taken off in recent years, and especially since IR35 became law in 2000, there has been a surge in the number of contractor umbrella companies. These companies offer the opportunity to be on the CIS payroll, working for a number of different companies at once. You can then take advantage of […]

To ascertain the profitability of a company’s, an audit is usually done. This can actually give exact figures of the financial standing of the business whether it made a profit or a loss from its last fiscal year of operation. An accounts payable audit is mainly a part of the full accounting audit usually done […]

document management is critical for business. Without it, many problems can occur. The more streamlined and automated it is the better. Many businesses continue to rely on manual Document Processing, with regards to outbound documentation and even Invoice Processing. With the aid of Enterprise Resource Planning, or using some kind of software system. ERP has, […]